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>>> most schools resume in newtown, connecticut as we learn new details of harrowing survival of the day of the shooting. how one student made it out alive. >> reporter: a call to an east bay middle school prompts a full police investigation. how it is a sign that this school district is not taking any perceived threats lightly. >> reporter: we're live in palo alto where a drunk driver triggered the flooding of a busy intersection. we will explain how that happened and if you need to avoid any areas. >>> hours ago, a car slammed right into that concord video store. why police say that was no accident. "mornings on 2" begins right now. >>> well, good morning. i'm dave clark. >> i'm tori campbell. >>> we're continuing to track developing news in palo alto where a suspected dui driver has been arrested for hitting a fire hydrant. ktvu channel 2 reporter janine de la vega is live on sandhill road with a look at the flooding and how traffic is being affected. good morning, janine. >> reporter: good morning, tori. well, actual iy, this intersection at sandhill and el camino just ope
of it. now, when the president flew to newtown, connecticut after the school shooting, he promised he would do what he could to keep it from happening again. now, ktvu will carry the president's announcement live right here on channel 2 so stay tuned. again, that's scheduled for 8:45 this morning. >>> it happening right now in washington, california senator bar bau broxer has called a news conference. this -- barbara boxer has called a news conference. she will be talking about new legislation she will be introducing to toughen security at schools. we're watching it live. this is where it will happen. ktvu will monitor it and we'll let you know what she has to say when she says it. >>> more funerals are planned today for victims of the connecticut schoal scooting. so far, the -- school shooting. three more children will be buried today. people will pay their respects to vick -- vicki soto. she will be buried today. >>> and meantime, we've learned that sandy hook elementary students are not expected to resume classes until january at an empty school building a nearby town. there's also
. but later on in the week, housing numbers final q3 gdp. keeping a close eye on newtown, connecticut, our hearts and prayers going out to the victims there. remembering those who lost their lives at sandy hook elementary in newtown. >>> a moment of silence observed at the new york stock exchange. in remembrance of those who lost their lives in the newtown, connecticut, shootings. ♪ [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado all-star edition with a total value of $9,000. from outstanding value to standing the test of time, chevy runs deep. >>> time for the "mad dash" on a monday morning. apple gets an inordinate amount of attention. but it's not the sole source of pain. >> no. i'll tell you something, carl, we used to try to figure out who is in the apple device. tear it d
selling its investment in gunmaker freedom group in light of last week's school shooting in newtown, connecticut. it did have a stake in freedom group. it has invested $751.4 million as of the end of march. cerberus acquired bushmaster last year. and my column today focuses on the number of private equity firms that have major stakes in gunmakers. colt, by the way, is another that is one of them. mid ocean owns a piece of bushnell. doesn't make guns, makes everything but the gun itself. >> what do you mean, the components? >> if you want a 25 round magazine loader, they have it. if you want a military grade night vision, they have it. if you need laser guided things, that's what they make. >> but if you look at the numbers, the sales of a lot of these gunmakers, freedom group in particular have been rising sharply. and, you know, the day after -- >> and the automatic rifle, that's where the growth is coming from. >> absolutely. the day after president obama was elected, you saw a sharp jump in sales. >> i should say as of last night when i was working on this piece, there was a a br
on that shooting at the sandy hook elementary school in newtown, connecticut. nbc news is reporting as many as 27 people may be dead from that shooting which broke out this morning shortly after 9:30. that's when police were called. as many as 17 to 18 of the victims are children. 7 to 8 adults including the gunman who authorities described to nbc news as a 20-year-old connecticut man who was dressed in black and was carrying two handguns. connecticut state police are set to begin a briefing at this hour. danbury officials and hospital officials tell nbc news that at least three people have been transported to the hospital. again, to as many as 27 people killed. we will bring you more details as they become available. back to you. >> thank you very much, bertha. we'll keep checking back with you and monitoring the situation. obviously an incredibly tragic situation still unfolding in newtown, connecticut. we will keep you up to date as new information does become available, but right now we turn our attention to what we do here at cnbc. our focus is the markets. we will be following the other sto
to keep guns out of the hands of dangerous people, there'll be fewer atrocities like the one in newtown for any of the lesser-known tragedies that visit small towns and big cities all across america every day. since friday morning, police officer was gunned down in memphis leaving four children without their mother. two officers were killed outside a grocery store in topeka. the woman was shot and killed inside a las vegas casino. three people were shot inside an alabama hospital. a four-year-old was caught in a drive-by in missouri. taken off life support just yesterday. each one of these americans was a victim of the everyday gun violence that takes the lives of more than 10,000 americans every year. violence that we cannot accept as routine. so i will use all the powers of this office to help advance efforts aimed at preventing more tragedies like this. we won't prevent them all, but that can't be an excuse not to try. it won't be easy, but that can't be an excuse not to try. and i will not be able to do it by myself. ultimately if this effort is to succeed, it will require the help
laws? >> you know, david, i think anybody who was up in newtown who talked to the parents, who talked to the families, understands that something fundamental in america has to change. and all of us have to do some soul serving, including me as president, that we allow a situation in which 20 precious, small children are getting gunned down in a classroom and i've been very clear that, you know, an assault rifle ban, banning these high capacity clips, background checks, that they're a set of issues that i have historically supported and will continue to support. >> but can you get it done? >> so the question is are we going to be able to have a national conversation and move something through congress? i'd like to get it done in the first year. i will put forward a very specific proposal based on the recommendations that joe biden's task force is putting together. >> but it's not going to work. it didn't work before, it's not going to work now. >> my response is something has to work. it is not enough for us to say this is too hard, so we're not going to try. so what i intend to do is
the bushmaster rifle used by the shooter. all dpuns have been removed from stores near newtown. a lot of debate about the degree to which private equity has inserted itself into the debate. some investors may be rethinking their position on investing in companies like freedom, and certainly you read the statement from service -- >> it's straightforward. very interesting story. if you get a change in heart on the part of the pension funds that make up so much of the funds for private equity, not to mention, by the way, hedge funds and other investors out there, you could see some ramifications. this certainly may be one of them right here. the company saying as a result of the sandy hook tragedy, which they call a watershed event, that has raised the national debate on gun control at an unprecedented level, they have determined to engage in a process to a southern investment to freedom group. largest manufacturer of guns in the country. 15% of sales roughly to walmart, and about 3,000 employees, $237 million in sales as of the third quarter that ended september. just to put it in perspective for
for the newtown, connecticut school shooting has been claimed for burial. receipt maynes were claimed several day dash the remains were claim -- several days ago. the remains were claimed several days ago by according to authorities, his father. >>> president obama pledged full efforts to back legislation aimed at preventing more gun violence. he also said he was skeptical about the nra's proposal to put armed guards at schools after what happened in newtown. >> the president vowed he will rally the american people around an agenda to limit gun violence, saying he still supports increased background checks and also banning assault rifles. >>> 8:09. some sandy hook elementariary students and their guests were at the giants' game in new york jade. jade-- yesterday. they lined up on the field and cheered. they did it, they routed philadelphia, 42-7. the eagles announced they fired andy reid and he has company, the bills, kansas city, cleveland have all reportedly fired their coaches this morning. >>> someone in san francisco hit the jackpot when they bought a winning lottery ticket. the holder bough
. right before christmas, with, you know, people are sober as a result of newtown, that they're going through these political antics today, it's crazy. >> both sides, harry's going to comment on this. one side says we're compromising more. that's what you just said. the other side says we've compromised more. john, a little whimpering from paul krugman does not make a carping from the left. >> you forgot about huffington post. social security sellout. >> you're carping from the left hasn't been close to the pressure john boehner's been under. i mean, come on. and just from that fact, we need some real outrage from, you know, patty murray, or you know, all the usual suspects before i believe that the president has given up as much as boehner. you take it from here, okay? >> well, john, it's harry wilson. one thing that's really interesting to me, there's been a lot made about the fact that the president's proposal is closer to the clinton era tax rates. but very little has been said about the fact that no one is close to the clinton era spending levels. so, as you know, when you were i
is the ticker on this of course, troubles surrounding the newtown, connecticut, shooting a lot of sellers on that stock during that period of time, today, issuing another $15 billion, expand its buy back program which it just announced with its fiscal second quarter results, announced 20 million share -- $20 million worth of buy backs and expand that to 15. nice gain on the shares. >> >> a big winner for the year. look at that chart. >> all handgunmakers, talking about this before, how ironic you can the obama administration was seen strict irbefore the elections and hand brought forward the dematte manned that might have been in the future, people wanted to bite hand guns. >> always the case. any time the debate over gun control flares up. >> does the framework of the "wall street journal" piece tell us anything new about best buy, sears? >> for sears, we have seen them cut costs, cut costs, sears and the kmart stores. it seems that this year the reckoning, the kmart operation, people have lost track of that if you send people inside kmart today, i think you basically find a relatively h
Search Results 0 to 10 of about 11

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